Indiana
Martin County
ZIP 47522
9,854 residents24 permits TTM$65,345 median HHI3 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$150,400
ACS 5-Year
Cap rate proxy
5.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
11.8%
HUD FMR ÷ ACS HHI
Net migration
+1.10%
IRS SOI
Permits (TTM)
24
Census BPS
Climate risk
12.3
FEMA NRI (0–100)
ZIP 47522
Median home value
$150,400
Gross yield
7.6%
Cap rate
5.1%
Rent gap
32.7%
Affordability
P/I: 2.3R/I: —
Section 8 detail
SAFMR: $956Rent: $643Gap: 48.7%
ZIP code breakdown3 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate ↓ | Rent gap |
|---|---|---|---|---|---|
| 47522 | $150,400county est. | $956 | 7.6% | 5.1% | 32.7% |
| 47581 | $184,960 | $956 | 6.2% | 4.2% | 32.7% |
| 47553 | $240,616 | $956 | 4.8% | 3.2% | 32.7% |
Sort by any column. Click a ZIP for detail. Rent gap: green = HUD FMR above market rent.
Demographics
Owner-occupied
78.2%
Census ACS
Vacancy rate
14.3%
Census ACS
Bachelor's degree +
13.2%
Census ACS
Rent burdened
33.7%
Census ACS (>30% income)
Median age
41.8
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026